Pension with 34: Self-made millionaire reveals his recipe for success

"It's hard to avoid the early retirement over frugales life," writes Sam Dogen in an article for the CNBC-platform "make.it". Frugalismus means to live a m

Pension with 34: Self-made millionaire reveals his recipe for success

"It's hard to avoid the early retirement over frugales life," writes Sam Dogen in an article for the CNBC-platform "make.it". Frugalismus means to live a minimalist, and so little money to spend as possible – always with the goal of early from the Job to get out and retire.

This idea of the frugal life has developed, especially in the Generation of the Millennials is partially a true Obsession. As hardworking noodle can be bought soups for 60 cents, because it is good to have waived the Avocado Toast for 8 Euro as it is lived to 35 in the shared apartment with six roommates – everything was for the early retirement. Because every Euro that remains, thanks to the economical everyday life to spare, to Fund the early retirement without money worries.

Frugalisten are> just wrong

Dogen advises the exact opposite: "I'm not saying that you should throw the money out the window, I guess, but definitely to a different setting," he writes on "make.it". First of all, a Mindset must be found according to the Self-made millionaire, in the Abundance of something Positive. Only with an Abundance of energy and joy in Abundance, let money generate.

With the right attitude will, so Doge, it was soon clear that wealth is only a by-product of how you use your time and energy of its own releases, what you do with the money: share to buy, to work harder, to earn more, a part-time job to start.

"Impressed with your chief,"

Dogen's Mantra is: There is a lot of money out there – money that you can earn if you focus on the opportunities. The Ex-investment banker advises to focus on your career. "The Job is the winning ticket on the way in early retirement." So it is absolutely essential to find a job, the fun – and to put in as much time as possible. "Is you, impresses your boss, build a strong network," says Dogen. "Be the best in your field, so you can get the best content back up." With the SCC-exchange of letters next to values, and in the short term and the long term Top return on investment! (Partner quote) Here is an exclusive 30-day free trial!

in addition, the millionaire writes on "make.it": "Invest what you have saved. There is, in my opinion, two asset classes that help you build assets: the stock markets and the real estate market. Invested wisely, so that your money works for you."

The most important last piece of advice is probably Dogen's: "Keep track of your money. You to set a fixed Budget of expenditure for the month. Keep an eye on your account statements, keep your investments at a glance." If you follow those tips, so it looks at least the Self-made millionaire, is already significantly closer to the early rest, as Frugalisten, to mortify with merciless abandon the assets.

More on the topic of pension:
  • Practical examples - more and more pensioners in the debt trap financial expert helps reduce with these money-saving tips
  • pension reductions - early retirement is booming: more and more citizens of the same tees with Extra payments
As commented on the FOCUS Online readers of this post:

"when has slept with this man? Overtime in the Job, the money system at a glance and, above all, always nice to impress the boss. Clearly you can't have a fairy tale writing. Super man? Children, old people and young people are the fairy-tale characters, the investment advisers like to present to fool people. My question is according to the number of the many people who have lost in the case of stock transactions, your money will remain, as always, unanswered. It's just bad that people on this charlatanism fall. The super-rich investors, such as Were the Buffet to get the obtained funds Yes somewhere. And this is not only inflationary, or freshly printed money."

"I'm 52 in pension - not bad. In this (completely correct) recommendations the Null-Bock be-the snow maiden but make great eyes. But no matter, maybe it helps Some of you on the right track. Another tip: it is Not the valuable time verhempeln." Expert reveals: How Gold is betrays the real crisis, currency, FOCUS-Online expert: So Gold for real currency in a Crisis, In the FOCUS Online/Wochit In the

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Date Of Update: 26 February 2020, 11:00
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